DONORS GIVE CSU A RECORD $237.4 MILLION IN 1997/98

Donors contributed a record $237.4 million to the California State University
in 1997/98, according to the 1997/98 Annual Report of the Survey of Voluntary
Support for the CSU submitted to the CSU Board of Trustees today (Tuesday,
January 26). The total, which includes gifts from alumni, parents and
other individuals, as well as foundations, corporations and other organizations,
increased by 37 percent -- up from $173 million in 1996/97.

Combined with $410.5 million in special revenue from sources such as
sponsorships, bequests, trusts, multi-year pledges, contracts, grants,
property transfers and endowment income, the total received from external
funding in 1997/98 was nearly $648 million, an increase of 11.8 percent
over last year.

"The progress the CSU has made in fund raising over the past several
years is remarkable. It is the result of hard-working advancement professionals
throughout the system and the leadership of our trustees, presidents and
chancellor, as well as the generosity of contributors who demonstrated
their confidence in the mission of the CSU," said Douglas X. Patiño,
CSU vice chancellor for university advancement. "Increasing private support
is essential in helping the CSU reach the next level of quality for our
students."

Of the $237.4 million total raised from voluntary giving, 41 percent
came from alumni and friends, 47 percent from corporations and other organizations,
and 12 percent from foundations.

In the early 1990ís the CSU Board of Trustees encouraged campuses
to increase their efforts in fund raising and provided support for their
efforts. Since that time, voluntary support of the CSU has increased by
more than 117 percent over the past six years, when the total was $109.4
million. Altogether, from 1992/93 through 1997/98 the CSU has raised $956.9
million in gifts.

CSU Long Beach had the largest amount of voluntary support for 1997/98
and the largest increase over the previous year. A $10 million increase
brought the campus total to $36 million. Other campuses in the top five
in 1997/98 fund raising are: San Diego State, $29.7 million; Cal Poly
San Luis Obispo, $21.3 million; Fresno State, $20.7 million; and CSU Los
Angeles, $18.5 million.

The 1997/98 CSU State Support Budget was $2.03 billion, meaning that
the CSU now raises almost one dollar from external funding for every three
dollars of state support.

Last year, a study found that 10 of the top 20 public masterís
universities in the nation in total voluntary support were CSU campuses,
including Long Beach at number one.